Election economics: Putting it in perspective
Politicians love to throw around economic statistics and jargon to win votes. The U.S. economy fluctuates far less than campaign rhetoric implies, however. We put together a primer to help you cut through the spin in the leadup to November. One thing to keep in mind: Much of the trend data we’ll share here reflects […]
Monthly Market Update – August 2024
Cooling inflation and job market It’s taken awhile, but the elusive sub-3% annual inflation(1) is now a reality, seemingly providing the Federal Reserve with enough justification to cut rates at its September meeting. The Consumer Price Index (CPI) for July increased by 0.2% from June and 2.9% from the previous year, marking the lowest annual […]